Mapfre, S.A. (OTCMKTS:MPFRY – Get Free Report)’s share price shot up 8% during mid-day trading on Friday following a dividend announcement from the company. The stock traded as high as $8.18 and last traded at $8.18. 351 shares were traded during trading, a decline of 70% from the average session volume of 1,165 shares. The stock had previously closed at $7.58.
The newly announced dividend which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 29th will be given a dividend of $0.1263 per share. The ex-dividend date of this dividend is Wednesday, May 28th. This is a boost from Mapfre’s previous dividend of $0.00. This represents a dividend yield of 2.8%. Mapfre’s dividend payout ratio (DPR) is 35.86%.
Mapfre Trading Up 8.0%
The company has a 50 day simple moving average of $6.45 and a 200 day simple moving average of $5.72.
Mapfre Company Profile
Mapfre, SA engages in insurance, finance, securities, investment, and services business worldwide. The company offers life and non-life; health; accident; property and casualty protection comprising automobile and homeowner insurance, personal third-party liability and asset insurance, etc.; savings and investment; retirement; burial; travel; and leisure insurance solutions.
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